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Type: Journal article
Title: The Zollverein and the sequence of a customs union
Author: Ploeckl, F.
Citation: Australian Economic History Review, 2015; 55(3):277-300
Publisher: Wiley
Issue Date: 2015
ISSN: 0004-8992
Statement of
Florian Ploeckl
Abstract: The Zollverein was the first international customs union, essentially defining these particular trade agreements. This article utilizes the predictions of a game theoretic model to explain the observed sequence of accessions into this union. Coalition externalities, the effects the accession of one state has on states remaining on the outside, are the central mechanisms shaping the negotiations between Prussia, the agenda setter, and other German states. This is demonstrated by detailing these financial, strategic, and political externalities, and demonstrating their influence on trade policy decisions.
Keywords: coalition externality; customs union; Germany; trade negotiation
Rights: © 2015 Economic History Society of Australia and New Zealand and Wiley Publishing Asia Pty Ltd
RMID: 0030037313
DOI: 10.1111/aehr.12083
Appears in Collections:Economics publications

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